Price for Garden or Similar Umbrellas in Venezuela - 2022

Contents:

  1. Price for Garden or Similar Umbrellas in Venezuela (CIF) - 2022
  2. Price for Garden or Similar Umbrellas in Venezuela (FOB) - 2022
  3. Imports of Garden or Similar Umbrellas in Venezuela
  4. Exports of Garden or Similar Umbrellas in Venezuela

Price for Garden or Similar Umbrellas in Venezuela (CIF) - 2022

The average garden or similar umbrellas import price stood at $62 per unit in 2022, with an increase of 6.4% against the previous year. In general, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 82% against the previous year. The import price peaked at $87 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($93 per unit), while the price for China ($31 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Garden or Similar Umbrellas in Venezuela (FOB) - 2022

The average garden or similar umbrellas export price stood at $33 per unit in 2022, which is down by -1.5% against the previous year. Overall, the export price recorded a pronounced decline. The growth pace was the most rapid in 2014 when the average export price increased by 47%. Over the period under review, the average export prices attained the maximum at $93 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($64 per unit), while the average price for exports to Costa Rica amounted to $1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+14.2%).

Imports of Garden or Similar Umbrellas in Venezuela

In 2022, imports of garden or similar umbrellases into Venezuela soared to 6K units, jumping by 88% against the previous year. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 538%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, garden or similar umbrellas imports surged to $371K in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 293% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Garden or Similar Umbrellas in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR47.315314625976.3%
China2.037.316.676.9237.5%
Italy1.18.79.716.4146.1%
Dominican RepublicN/AN/A1.0N/A0%
Others3.312.012.518.377.0%
Total53.721118537190.5%

Top Suppliers of Umbrellas and Sun Umbrellas; Garden or Similar Umbrellas to Venezuela in 2022:

  1. Hong Kong SAR (2.8K units)
  2. China (2.5K units)
  3. Italy (0.5K units)

Exports of Garden or Similar Umbrellas in Venezuela

After two years of decline, shipments abroad of garden or similar umbrellases decreased by 0% to 2 units in 2022. Overall, exports saw a abrupt setback. The smallest decline of -33.3% was in 2020. Over the period under review, the exports hit record highs at 3 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, garden or similar umbrellas exports fell to $65 in 2022. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1.5%. Over the period under review, the exports attained the peak figure at $122 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Garden or Similar Umbrellas in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic10764.065.064.0-15.7%
Costa Rica3.01.01.01.0-30.7%
Others12.0N/AN/AN/A0%
Total12265.066.065.0-18.9%

Top Export Markets for Umbrellas and Sun Umbrellas; Garden or Similar Umbrellas from Venezuela in 2022:

  1. Dominican Republic (1.0 units)
  2. Costa Rica (1.0 units)
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